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20121129
20121207
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Search Results 0 to 14 of about 15 (some duplicates have been removed)
CNN
Nov 28, 2012 7:00pm PST
. obama and the democrats get their way, doing a deal to raise just those rates would avoid the fiscal cliff, where all bush era tax cuts on all tack tax brackets expire at the ends of the year. the election, popular opinion and more give president obama a lot of clout right now. and you can agree or disagree with the president's policy. that's for you to decide. republican congressmen tom cole of oklahoma disagrees stronsly. at the same time, he recognizes the political reality that all tax cuts will expire on january 1st and no one wants to raise taxes on what would amount to 98% of all taxpayers. >> in my view, we all agree that we're not going to raise taxes on people that make less than $250,000. we should just take them out of discussion right now. continue to fight against any rate increases, continue to try to work honestly for a much bigger deal. >> congressman cole joins us shortly. a rock rib conservative. chair of the national republican congressional committee, and he's no longer a lone voice in the wilderness. the staunchly conservative editorial page of "the wall street
CNN
Dec 5, 2012 8:00pm EST
negotiations. as you know, president obama insi insists there is no deal to present on the top 2% of earners. >> it doesn't involve the rates going up on the top 2%. all of those americans too get a tax cut on that finramework. in some sense it is a tax cut for all americans. >> bottom line, we are talking today but we are still at stalemate. a phone call is big news between these two. >> we are hearing about senate republicans, what are you hearing, how significant is it. it is significant for a couple of reasons. these three republicans in different ways suggested that they would be okay with what most republicans are saying that they are not okay with. raising tax rates for the wealthy. he is the most conservative not just fiscally. the way these things tend to go, is that there is a little bit of a crack and that tends to send the other cracks into what is now a solid opposition and we will see how that goes. we are talking about senate republicans and the key thing that we have to watch is house republicans. if something can't get through the house, then it can't get through con
CNN
Nov 30, 2012 5:00pm PST
? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >>> in raw politics, with the country one day closer to the fiscal cliff, president obama took his case to the public today. he used an event in pennsylvania to rachet up the pressure on republicans to freeze taxes for the middle class while allowing the tax rates on the wealthy to go up. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1st. that's sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> hm. in other words, the day after the white house puts its opening bid on the table, the president comes out swinging. that opening bid didn't have a whole lot of concessions in it to the republicans, and the republicans reacted as many would have predicted. they were mad. basically saying that offer was an insult. today, house speaker john boehner doubled down. >> it was not a serious proposal. and so right now, we're almost nowhere. >> that doesn't sound good. republican congressman le
CNN
Nov 29, 2012 1:00am PST
. obama and the democrats get their way, doing a deal to raise those rates where all bush cuts on all tax brackets expire at the end of the year. that is something that gives president obama a lot of clout right now. you can agree or disagree with the president's policy. that's for you to decide. congressman cole happens to disagree strongly, but at the same time he recognizes the political reality that all tax cuts will expire on january 1st. >> in my view, we all agree that we are not going to raise taxes on people that make less than $250,000. we should take them out of this discussion right now and continue to fight against any rate increases. continue to try to work honestly for a much bigger deal. >> congressman cole who will join us shortly is a rock rib republican, and is no longer a lone voice in the wilderness. i'm quoting now, the fact is that republicans face a new political reality on taxes. president obama's re-election means that taxes for upper income earners are going up one way or another. the question is how republicans should handle this reality. congressman cole, as y
CNN
Nov 28, 2012 10:00pm PST
go up on income, more than a quarter of a million a year. if mr. obama and the democrats get their way, doing the deal to avoid raising the rates and avoiding the fiscal cliff, where all tax cuts and brakes expire at the end of the year. that is an election, popular at the end of the year, certainly give president obama a lot of clout right now. you can disagree or agree with the policy. that is for you to decide. republican tom cole of oklahoma happens to disagree strongly. at the same time, he recognizes the political reality that all tax cuts will expire on january one, and no one wants to raise taxes on what would amount to 98% of all the taxpayers. >> in my view, we agree we're not going to raise taxes on people that make more than $250,000, we should just take them out of this discuss right now. continue to fight against any rate increases and continue to fight for a much bigger deal. >> congressman cole joins us, the staunchly conservative editorial page of "the wall street journal is on board now. president obama's re-election means that taxes for upper income earners are g
CNN
Dec 5, 2012 10:00pm PST
rates. as you know, president obama insists there is no deal unless the gop agrees to raise rates on the top 2% of earners. the gop says that's a nonstarter. and the two men have not moved from that basic position. now, all of this comes at the same time treasury secretary geithner also said for the first time the administration would be willing to go over the fiscal cliff if the gop does not agree to raise those rates. this was treasury secretary geithner earlier today on cnbc. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. all those americans, too, get a tax cut on the first $250,000 of their income. so, in some sense it's a tax cut for all americans. >> reporter: bottom line, anderson, we're talking today but still at stalemate. >> yeah, i mean, it's a sign, jessica and dana, of just how lack -- how little progress there's been that a phone call is big news between these two. dana, we're also hearing hints of some move between republicans, c
CNN
Nov 28, 2012 5:00pm PST
$250,000 a year. doing a deal to raise those rates. where all bush cuts on all tax brackets expire at the end of the year. that is something that gives president obama a lot of clout right now. you can agree or disagree with the president obama policy that is for you to decide. congressman happens to disagree strongly but recognizes that the political reality that all tax cuts will expire on january 1st. >> in my view, we all agree that we are not going to raise taxes on people that make less than $250,000. we should take them out of this discussion right now and continue to try to work for a bigger deal. >> congressman cole cubelal colr a lone voice for the conservatives. i'm quoting now, the fact is that republicans face a new political reality on taxes. president obama's position means that taxes are going you up one way or another. congressman cole as you heard, they believe they should give this one to the president not because they want to, but because they have to. republican leaders though, they disagree. >> i told tom earlier in our conference meeting that i disagreed with hi
Search Results 0 to 14 of about 15 (some duplicates have been removed)